Jim Cramer Claims ETH Was “Bid Up” Before ETF Debut

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Jim Cramer comments on Ethereum’s price action as spot ETFs debut, noting potential artificial inflation. Initial trading volumes soar, but concerns arise on market risks.

HIGHLIGHTS

CNBC's Jim Cramer suggests Ethereum's price was inflated before the ETF launch, as initial trading volumes exceed $100 million.

Spot Ethereum ETFs begin trading on U.S. markets, marking a significant milestone for cryptocurrency investment.

Experts highlight potential risks, including concentration of custodianship with Coinbase for most ETF issuers.

Ethereum exchange-traded funds (ETFs) make their historic debut on U.S. markets. This landmark event has drawn attention from investors, analysts, and media personalities alike, including CNBC’s Jim Cramer, who has made a key statement regarding the ETF debut.

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